Xigxag
Leading the biggest-ever innovation in digital reading and shaping the future of books.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
* | N/A | Grant | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 75 % | 14 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
xigxag is an innovative UK-based startup revolutionizing the audiobook market with its award-winning app. Unlike traditional audiobook services that require monthly subscriptions, xigxag offers a pay-as-you-go model, allowing users to purchase audiobooks individually. This approach eliminates the pressure of recurring fees, making it more accessible for casual listeners.
The company serves a broad range of clients, from avid readers to occasional listeners, and targets a market that includes bestsellers, classics, and new releases. xigxag's unique selling point is its "listen and read" format, which integrates audiobooks and e-books into a single purchase. This feature allows users to switch seamlessly between listening and reading or even read along while listening, providing a richer and more flexible user experience.
xigxag operates in the digital audiobook and e-book market, which has seen significant growth in recent years. The business model is straightforward: users pay for individual titles, and the more they listen, the less they pay on full-price titles. This tiered pricing strategy encourages repeat purchases and customer loyalty. Additionally, the app offers a selection of titles at consistently low prices, ensuring that there is always something affordable for every user.
Revenue is generated through the sale of these individual audiobook and e-book packages. By partnering with leading publishers, xigxag ensures a steady influx of top-quality titles, keeping the content fresh and appealing. The app also features robust social and sharing capabilities, allowing users to share quotes, book recommendations, and even send gifts directly from the app, enhancing user engagement and community building.
In summary, xigxag stands out in the crowded audiobook market by offering flexibility, affordability, and a unique integrated format that enhances the reading and listening experience.
Keywords: audiobook, e-book, pay-as-you-go, no subscription, listen and read, seamless switch, tiered pricing, top titles, user-friendly, social sharing.